MALTAPOST PLC – INITIAL PUBLIC OFFERING

Maltapost Plc Share Offer

·    Offer being made by Government of Malta & Malta Government Investments Ltd who currently own 40% of Maltapost plc

·    Offer for 11,200,000 shares of a nominal value of ?0.25c per share at a Share Offer Price of ?0.50c per share

·    Maltapost plc market capitalisation at ?14,000,000

·    Company to adopt a Dividend Policy of distributing up to 50% of yearly available profits.

Time Table of Offer

14th January 2008   –               Pre-Placement of 5,040,000 shares (45% of issue)

15th January 2008   –               Open of General Public Offer

18th January 2008   –               Close of General Public Offer

23rd January 2008   –               Announcement of Allocation Policy

30th January 2008   –               Commencement of Trading

Maltapost Present shareholding

– 

60%        –               Lombard Bank plc

40%        –               Malta Government

PLEASE CLICK ON THE PDF FOR FURTHER DETAILS.